VVS Finance — the easiest DeFi marketplace for everyone on the Cronos blockchain.
About VVS Finance
VVS is designed to be the simplest DeFi platform, allowing users to exchange tokens, earn high returns, and most importantly, have fun. The VVS token is the native token of the platform. It is a governance token and rewards when interacting across the entire VVS platform.
Main stakings on DEFI:
| Bling Swap | Exchange supported tokens with low fees and high speed. Provide liquidity by providing a pair of assets, receive Liquidity Provider (LP) tokens as proof of ownership and earn a prorated 0.2% transaction fee every time you trade the pair. |
| Crystal Farms | Stake your LP tokens to earn VVS rewards. |
| Glitter Mines | Stake your newly earned VVS to get even more VVS. |
Discover new projects in the nascent and rapidly growing Cronos universe. Buy new tokens at a fixed initial offer price and join. VVS is a decentralized application. Thus, a non-custodial crypto wallet helps to interact with the coin defi platform. A crypto wallet stores your assets. Any time VVS needs to complete a transaction on your behalf, it must be confirmed in your wallet for security reasons.
Liquidity providers are the backbone of VVS. Liquidity providers contribute their tokens to the VVS decentralized exchange protocol so that the tokens can be traded. LP is essential for VVS, so it's only natural that we offer an equally attractive incentive mechanism.
More about defi app
Users trade smart contracts that use liquidity/assets, provided by liquidity providers. In order for VVS to become an autonomous financial ecosystem, the developers have fine-tuned the token economy to offer incentives for all involved parties to help to promote the long-term sustainability and prosperity of the platform. The more users and supporters, the more the network effect will add value to everyone.
Volatile loss — the difference between just holding tokens (HODL value) in your wallet and the value of the tokens you get back when you withdraw your liquidity. To mitigate this, DEXs like VVS provide transaction fees and farming rewards to offset this potential risk and liquidity provider support.